Joyas extends rights shares acceptance, applications and payment to July 29

JOYAS International Holdings Limited on Monday informed entitled shareholders that it has extended the period for the acceptances of, applications for, and payment for the rights shares.

In a filing to the local bourse on Monday, it said that this would also apply to excess rights shares in cases where applicable.

The last date and time for acceptances of, applications for, and payment for the rights shares and excess rights shares was originally set at 5pm on July 28, 2016, and 9.30pm on the same day for electronic applications through ATMs of participating banks.

This will now be extended to 5pm on July 29 or 9.30pm for electronic applications through ATMs of participating banks.

The extension comes after an error occurred in the stock code for such electronic applications via ATMs, which resulted in unsuccessful acceptances or applications.

The company said in the update that this error has been rectified, adding that it does not expect the above revised timetable to be further modified.